Rapid progress has been made across the four acres between Mission, Fifth, and Howard streets for the 5M mixed-use project in SoMa, San Francisco. Facade installation has passed the halfway point for the 395-foot office building at 415 Natoma Street, while the 20-story residential tower at 434 Minna Street has just three floors left to be covered. A groundbreaking event for the new Mary Court park occurred last Thursday with Mayor London Breed and Brookfield Properties in attendance.
Brookfield Properties has recently presented an updated pitch to the public about the redevelopment of the Stonestown Mall property, located south of the Sunset District and about as far from downtown San Francisco while still being in the city limits. The proposal calls for a mixed-use neighborhood-anchoring project that will make a significant contribution to addressing California’s housing crisis.
Brookfield Properties has officially marked the ceremonial topping out of 415 Natoma Street, the largest office building to do so in San Francisco this year. The 395-foot structure is the largest of six planned buildings in the mixed-use 5M Development in SoMa. Three buildings will be newly constructed, while the other three are adaptively reused historic renovations. Once complete, 5M will create 856 new homes, of which 245 will be affordable, 853,000 square feet of Class A office space, 49,000 square feet of new public open space, and an array of retail spots. Brookfield is developing the project in partnership with Hearst.
One of the largest construction projects in San Francisco has officially topped out. 415 Natoma Street, the 395-foot office tower in the 5M Development, has peaked, and the facade is going up. 5M, named for…
Permits have been approved for nine new multi-family apartment buildings. The applications will build 74 units in sum as part of the nearly two-thousand unit Boulevard Dublin development in Dublin, Alameda County. Boulevard is a joint project with Brookfield and Lennar. For the permits most recently approved, Lennar is responsible.